RE: [CANSLIM] Second Guessing Myself - SFCC

From: Tomas <tomas986@yahoo.com>
Subject: RE: [CANSLIM] Second Guessing Myself - SFCC
Date: Wed, 9 Jul 2003 19:59:54 -0700 (PDT)

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Roger,

I agree with your comment about BOs.  I have not seen
not BO from good stocks the last 3-4 weeks.

tomas

- --- Roger Tawa <roger@tawacentral.net> wrote:
> Hi Mike,
> 
> Over the last few weeks (since early to mid june), I
> have found the
> opposite: very few "good" stocks breaking out.  This
> mostly likely just
> means we define "good" differently.
> 
> This brings me to the real point of this email.  I
> am new to CANSLIM and
> surely have much less experience that you do in
> investing.  As a newbie, I
> find it easy to pick "perfect" stocks, ie. those
> that meet all required
> criteria.  However, as soon as I see a stock that
> has one or two points that
> may be iffy (price below 15$, ROE not quite 17%,
> etc.), I don't know what to
> do about it.  I suppose I'll have to learn by
> rolling the dice every once in
> a while on a less-than-perfect stock.
> 
> Any comments from other newbie CANSLIMers on how you
> handle this?  Thanks.
> 
> =================================================
> Roger Tawa
> http://tawacentral.net/
> [One thing about paradigms: shift happens.]
> [When you stop, you're done.]
> 
>  -----Original Message-----
> From: 	owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]  On Behalf
> Of
> michael_niemotka@baxter.com
> Sent:	Wednesday, July 09, 2003 5:01 PM
> To:	canslim@lists.xmission.com
> Subject:	Re: [CANSLIM] Second Guessing Myself - SFCC
> 
> 
> Kelly,
> 
> I saw the same things that you did.  For me, it is
> always a struggle not to
> chase those stocks that break out of a nice looking
> pattern, but don't
> having the fundies behind them.
> 
> I am sure that many people probably make some money
> doing just that, but I
> have also seen some of them drop way back down in a
> hurry. From what I have
> seen over the fast few weeks is that many good
> stocks are breaking out, you
> just need to stay focussed.
> 
> Mike
> 
> Mike Niemotka , PE
> Sr. Principal Engineer
> Baxter Healthcare Corporation
> Route 120 & Wilson Road
> Round Lake, IL 60073
> Tel (847) 270-4075
> Fax (847) 270-4525
> michael_niemotka@baxter.com
> 
> 
> 
>                     "Kelly Short"
>                     <kelly.short@fw.us.neo       To:
> canslim@lists.xmission.com
>                     ris.com>                     cc:
>                     Sent by:                    
> Subject:     [CANSLIM]
> Second Guessing Myself - SFCC
>                     owner-canslim@lists.xm
>                     ission.com
> 
> 
>                     07/09/2003 03:40 PM
>                     Please respond to
>                     canslim
> 
> 
> 
> 
> 
> 
> I noticed today that SFCC is up 12% since breaking
> out on 7/8. I
> reevaluated my evaluation of this stock to see if
> perhaps I missed a
> CANSLIM candidate. I stand beside my decision not to
> pursue this stock
> because:
> 
> Industry Score = 148/190 (and getting worse)
> Quarter over Quarter Earnings Growth decelerating
> Quarterly Sales Growth Rates over the trailing four
> quarters negatively
> erradic compared to last year's Quarterly Sales
> Growth Rates
> 
> Would anyone argue that I was too harsh in my review
> of this stock? Did
> anyone see a gem and get into the BO?
> 
> I will greatly appreciate anyone's opinions. Thanks!
> 
> Kelly
> 
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> 
> 
> 
> 
> 
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